Condominium
Property law
Part of the common law series
Acquisition
Gift · Adverse possession · Deed
Conquest · Discovery · Treasure Trove
Lost, mislaid, and abandoned property
Alienation · Bailment · License
Estates in land
Allodial title · Fee simple · Fee tail
Life estate · Defeasible estate
Future interest · Concurrent estate
Leasehold estate · Condominiums
Conveyancing
Bona fide purchaser
Torrens title · Strata title
Estoppel by deed · Quitclaim deed
Mortgage · Equitable conversion
Action to quiet title · Escheat
Future use control
Restraint on alienation
Rule against perpetuities
Rule in Shelley’s Case
Doctrine of worthier title
Nonpossessory interest
Easement · Profit
Covenant running with the land
Equitable servitude
Related topics
Fixtures · Waste · Partition
Riparian water rights
Lateral and subjacent support
Assignment · Nemo dat
Property and conflict of laws
Other common law areas
Contract law · Tort law
Wills, trusts and estates
Criminal law · Evidence
A condominium, or condo, is the form of
housing tenure and other real property
where a specified part of a piece of real es-
tate (usually of an apartment house) is indi-
vidually owned while use of and access to
common facilities in the piece such as hall-
ways, heating system, elevators, exterior
areas is executed under legal rights associ-
ated with the individual ownership and con-
trolled by the association of owners that
jointly represent ownership of the whole
piece. Colloquially, the term is often used to
refer to the unit itself in place of the word
"apartment". A condominium may be simply
defined as an "apartment" that the tenant
"owns" as opposed to rents.
The difference between a condominium
and an apartment is purely legal: there is no
way to know a condo from an apartment
simply by looking at or visiting the building.
What defines a condominium is the form of
ownership. The same building developed as a
condominium (and sold as individual units to
different owners) could actually be built
someplace else as an apartment building (the
develop